REG - Phoenix Group Hldgs - Director/PDMR Shareholding

Phoenix groupAnnouncement

23/03/2023 15:00

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RNS Number : 0580U  Phoenix Group Holdings PLC  23 March 2023

Phoenix Group Holdings plc (the "Company")

Exercise of nil-cost options under the Phoenix Group Holdings plc Long Term
Incentive Plan (the "LTIP") and Deferred Bonus Share Scheme (the "DBSS").

 

The Company announces that on 22 March 2023, the following Persons Discharging
Managerial Responsibilities "PDMRs" exercised their nil-cost options over
ordinary shares of £0.10 each in the Company under the LTIP and DBSS granted
on 13 March 2020.

 

LTIP

 

Vesting of these options was subject to criteria relating to the Company's
performance over a three-year performance period to 31 December 2022. The
options become exercisable for up to 7 years from 13 March 2023.

 

 

 Name            Title                                                Number of ordinary shares acquired of £0.10 each on exercise of options
 Claire Hawkins  Corporate Affairs & Investor Relations Director      8432

 

The income tax and national insurance liabilities arising on the exercise of
the options were self-funded by Claire Hawkins.

DBSS

 

Vesting of these options was subject to a three-year holding period in respect
of the deferred bonus for the 2019 financial year to 31 December 2022.  The
options become exercisable for up to 6 months with effect from 13 March 2023.
 

 

 Name            Title                                                Number of ordinary shares acquired of £0.10 each on exercise of options
 Claire Hawkins  Corporate Affairs & Investor Relations Director      8407

 

The income tax and national insurance liabilities arising on the exercise of
the options were self-funded by Claire Hawkins.

 

 

Notification and public disclosure of transactions by persons discharging
managerial

 

The Notification of Dealing Forms for each PDMR can be found below. This
announcement is made in accordance with the UK Markets Abuse Regulation
(Regulation (EU) 596/2014, as it forms part of domestic law by virtue of the
European Union (Withdrawal) Act 2018).

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Claire Hawkins

 2    Reason for the notification

 a)   Position/status                                              Corporate Affairs & Investor Relations Director/PDMR

 b)   Initial notification /Amendment                              Initial Notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Phoenix Group Holdings plc

 b)   LEI                                                          2138001P49OLAEU33T68

 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted

 a)   Description of the financial instrument, type of instrument

                                                                   Phoenix Group Holdings plc ordinary shares of £0.10

      Identification code

                                                                   GB00BGXQNP29
 b)   Nature of the transaction                                    Exercise of options under the Company's DBSS & LTIP (self-funded tax

                                                            payment)

 c)   Price(s) and volume(s)

Item                      Price(s)  Volume(s)
                                                                   Exercise of LTIP Options  nil       8432

                                                            Exercise of DBSS Options  nil       8407

 d)   Aggregated information

      - Aggregated volume                                          N/A

      - Price
 e)   Date of the transaction                                      22 March 2023

 f)   Place of the transaction                                     Outside a trading venue

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

N/A

e)

 

Date of the transaction

22 March 2023

f)

Place of the transaction

Outside a trading venue

Enquiries:

 Media                                                             Investors
 Douglas Campbell                                                  Claire Hawkins, Corporate Affairs Director, Phoenix Group

+44 (0) 204 559 3161
 Teneo

                                                                 Andrew Downey, Investor Relations Director, Phoenix Group
 +44 (0)7753 136628

                                                                 +44 (0) 204 559 3145
 Shellie Wells, Corporate Communications Director, Phoenix Group

 +44 (0) 204 559 3031

 

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